Provident Financial News
01.07 / 07:15
UPS
Provident
Target
Manufacturing
CEO
Enterprise
MICRO
Support
From new classification to a separate division in the Ministry, India’s micro-MSMEs need differentiated support
MSME sector, which contributes to 30% of India’s GDP and nearly 50% of India’s exports. As India aims to become a $5 trillion economy by 2026, it has never been more critical than now to expand support to the MSME sector, and particularly provide differentiated support for the micro-MSMEs.Institute new classification Micro-MSMEs are categorised as having less than Rs. 5 crores in turnover, however, over half of micro-MSMEs have less than Rs.
01.07 / 07:15
Provident
Booking
Mobile
Limelight
SENSEX
Rolex
Returns
Screaming Buy! 400 midcap & smallcap stocks give double-digit returns in June
However, the midcap and smallcap segments continued to hog the limelight, with about 400 stocks giving double-digit returns in the month of June. The benchmark indices gave nearly 3% returns in June, following 2.5% gains in May. In four months, indices have gained nearly 10%.
01.07 / 06:41
UPS
Provident
Waters
Assurant
Parke
Highways
UK-based firm plans to set up semiconductor unit in Odisha
semiconductor fabrication unit in Odisha's Ganjam district with an investment of Rs 30,000 crore in the first phase, officials said. The SRAM & MRAM Technologies and Projects India Pvt Limited, the Indian unit of UK-based SRAM & MRAM Group, had signed a memorandum of understanding (MoU) with the state government on March 26 to set up the semiconductor unit in the state. After visiting some sites near Chhatrapur in the district, its Indian company officials headed by its chairman Guruji Kumaran Swami held a meeting with the district administration at Chhatrapur on Thursday.
01.07 / 06:41
Provident
Dedicated doctors devote Sundays to provide essential healthcare in rural Gujarat
Dr Pankaj Shah have been instrumental in organizing health camps every Sunday for the past 16 years. The initiative first began during a flood in Kheda but has now grown into a full-fledged trust, with over 18 doctors dedicating their time and expertise to provide essential medical care to the rural communities in the area. Since its inception, the initiative has covered over 200 villages and reached a population of more than 100,000 annually.
01.07 / 06:41
Provident
ETF
NASDAQ
SEC
coinbase
BlackRock
Bitcoin
Reading the tea leaves: Why BlackRock ETF will overcome SEC hurdles
Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) has been widely debated and speculated. Despite past rejections, experts such as Elliot Johnson, COO and CIO of Evolve ETF and a pioneer of Bitcoin ETFs in Canada, believe that the BlackRock ETF stands a higher chance of receiving approval from the SEC.
01.07 / 06:17
Provident
Platform
Remark
Sushmita Sen's upcoming series 'Taali' shines light on Transgender activist Gauri Sawant's inspiring journey
Sushmita Sen unveiled details about her forthcoming series, titled 'Taali', which pays tribute to the life of transgender activist Gauri Sawant as part of the ongoing Pride Month celebrations. The series is set to premiere on a popular streaming platform in the near future. The newly released promo has captured widespread attention, particularly with Sushmita Sen's powerful dialogue, «Main Taali bajaati nahi bajwati hoon» (I don't clap, I make others clap).
01.07 / 06:17
UPS
Provident
Ripple
Platform
Immunic
International
International Joke Day 2023: Why and how to celebrate this humorous day?
International Joke Day is celebrated every year on 1st July and it is celebrated as a lighthearted occasion that encourages individuals to embrace laughter, share jokes, and cultivate stronger bonds with their loved ones. This special day serves as a reminder of the profound significance of humor and laughter in our lives. It underscores the power of laughter as a tool to combat the daily stressors that burden us, promoting both physical and mental well-being.
01.07 / 06:17
UPS
Provident
FIVE
Platform
Pool
Dreams
All 10 JEE toppers pick Computer Science at IIT-Bombay
computer science at IIT-Bombay just went up a notch higher to touch perfect 10-all the top 10 all-India rankers in JEE are joining the Powai campus. Thirty-seven others in the top 50 followed suit and decided to pick the Powai college over other IITs at the close of first round admissions of 2023-24. And when one looks at the top 100, 89 students opted for IIT-Bombay as their first choice, with everyone asking for computer science.
01.07 / 05:49
UPS
Provident
Platform
Multibagger SME stock to migrate to NSE on Monday after over 2,000% rally in 4 years
Gensol Engineering, which have delivered multibagger returns to investors since their listing, will migrate to the mainboard NSE exchange on July 3. «We wish to inform you that the National Stock Exchange of India consented to listing 1.22 crore equity shares of the company from the BSE SME platform to the main board of NSE with effect from July 3,» the company said. The exchange granted final approval for the migration of Gensol Engineering after submission of listing application including equity listing agreement.
01.07 / 05:01
Provident
Citizens
Aware
Gap
Mobile
We need to re-engineer rules and demystify legal processes for common citizens: Chief Justice of India
Dhananjaya Y. Chandrachud on Friday said that the greater challenge for the Indian judiciary is that the constitution and rights become accessible to common people.
01.07 / 05:01
COST
Provident
Target
Strategy
Align
foreign
How warehousing companies can leverage the new Foreign Trade Policy
Foreign Trade Policy, these companies can significantly contribute to improving the competitiveness of Indian products in the international arena. One imperative of the Foreign Trade Policy is to enhance the efficiency of export operations. Warehousing companies can play a vital role in this aspect by providing state-of-the-art storage facilities and streamlined logistics solutions.
01.07 / 05:01
Provident
Twitter
Mobile
PAN-Aadhaar linking fee: How to check status of challan payment
The income tax department has provided a clarification on PAN-Aadhaar linkage on its official Twitter handle for those individuals who are having difficulty linking the two. The clarification came just hours before the deadline for linking PAN to Aadhaar expires. The income tax department stated in a tweet that the status of challan payments can be checked under the portal's 'e-pay tax' tab after logging in. If the payment is successful, the PAN holder can proceed with linking the PAN to Aadhaar. There is no need to download the challan receipt in order to link your PAN to Aadhaar.
01.07 / 04:39
Provident
Citizens
Union Minister releases special postal cover commemorating 9 years of formation of Telangana state
G Kishan Reddy has unveiled a postal cover on '9 Years of Telangana Statehood' and picture post cards showcasing 'Buddhist Heritage in Telangana — Bavapur Kurru' in Hyderabad. Speaking on the occasion, Reddy lauded Prime Minister Narendra Modi's vision and new initiatives that have helped transform India Post into a Multi Service Agency providing services to the citizens «on value-for-money basis».
01.07 / 03:39
COST
Provident
FIVE
Progressive
Gap
Mobile
external debt
Pakistan’s flawed external debt policy
Pakistan on policies to be supported by a Stand-By Arrangement (SBA) in providing USD 3 billion, the last minute rescue package for Islamabad’s acute balance of payment crisis. According to major global credit rating agencies Islamabad would be compelled to default on external borrowings without the IMF assistance. Surprisingly, Pak forex reserves are now below USD 3.5 billion, hardly sufficient for less than a month’s requirement for even essential imports.
01.07 / 02:27
Provident
Aviat
Progressive
CEO
Action
Airlines
Stranded
United Airlines CEO apologizes for private jet use amidst flight cancellations and stranded passengers
United Airlines CEO Scott Kirby expressed his apologies for opting to travel on a private plane while numerous United passengers were left stranded due to the airline's extensive flight cancellations in Newark, New Jersey. Kirby acknowledged that his decision to take a private jet was insensitive to the customers who were eagerly awaiting their flights home. He expressed deep remorse to both the customers and the tireless team members who had been diligently working, often in severe weather conditions, to provide assistance to the passengers.
30.06 / 23:25
Blockchain
Provident
Cooper
Tether
USDT
Bitcoin
Deal
Tether Strikes Partnership Deal with Georgia Government
Tether, the firm behind the USDT coin, says it has struck a partnership deal with government of Georgia.
30.06 / 22:21
30.06 / 20:57
Provident
Progressive
Landmark
Same-sex marriage: Which countries have legalised the union of two persons of the same sex?
Same-sex marriage refers to the legally and socially recognized union between two individuals of the same sex. Since the landmark decision by the Netherlands in 2001, numerous jurisdictions worldwide have granted legal recognition to same-sex marriages. Currently, as of 2023, approximately 30 countries, along with certain states and territories within the United States, have legalized same-sex marriage.
30.06 / 20:57
Provident
JPMorgan
Chase
ICBC
HDFC Bank to be world’s fourth most valuable lender
HDFC Bank will be the fourth most valuable bank in the world in terms of market capitalisation after the merger with mortgage lender HDFC. According to Bloomberg data, the merged entity will have a market capitalisation of $172 billion, the most after JPMorgan Chase, Industrial and Commercial Bank of China (ICBC) and Bank of America.
30.06 / 19:29
Provident
Digital
Strategy
Align
Dreams
Simulation
data analytics
Leveraging Data Analytics: How Can Business Intelligence (BI) Revolutionize Personal Finance Management
In fast-paced digital times, where data is abundant and easily accessible, data analytics has become an invaluable tool for individuals seeking to take control over their personal finances. With business intelligence (BI) tools, financial service providers can empower consumers with unprecedented opportunities to gain deeper insights into their financial habits, optimize budget strategies and achieve long-term financial goals.
30.06 / 19:29
Provident
Progressive
Extreme
Platform
Assurant
The inspiring leadership of Deepak Parekh
In his last letter to shareholders, Deepak Parekh announces his retirement and says “It is my time to hang my boots with both anticipation and hope for the future.”
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